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13.06.2007 19:21

Kazakhstan Kagazy JSC informed about intention of the sole shareholder to increase authorized capital of the company by results of IPO of Kazakhstan Kagazy PLC

/KASE, June 13, 07/ - Kazakhstan Kagazy JSC (Almaty region, further - the company), bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, had informed KASE by official letter that by results of IPO, which organizers Kazakhstan Kagazy Plc, Kagazy Investment Ltd. LLP plans to increase significantly the authorized capital of Kazakhstan Kagazy JSC company.

According to message of Kazakhstan Kagazy Plc, located on the site of London stock exchange (LSE), Kazakhstan Kagazy Plc plans to submit an application for inclusion its global depositary receipts (GDR) to official list of Great Britain Listing agency and for receiving of permission on trades on the regulated trade floor of LSE. The global coordinator and organizer of this offering is London subsidiary of ING Bank N.V.

Kazakhstan Kagazy JSC writes that Kazakhstan Kagazy Plc is the mother company of Kagazy Investment Ltd. LLP. AS of May 4, 2007 all offered common shares of Kazakhstan Kagazy JSC were in ownership of Kagazy Investment Ltd. LLP.

Main activities of Kazakhstan Kagazy JSC - is production of paper products.

[2007-06-13]